Greece, Europe, US Stocks: Global Markets In An Ice Bowl

IceCap Asset Management's view on global investment markets.

Brass Monkeys

GREEN BAY, Wisconsin (1967) “I just took a bite out of my coffee” chattered TV Commentator Frank Gifford. Yes, it was that cold. With temperatures hovering at -44 Celsius, everyone agreed that the biggest risk wasn’t football strategy - it was staying alive strategy.

With the clock seemingly frozen with 13 seconds remaining, no time outs left and a mere 1 yard from the end zone, the Green Bay Packers had time for one last passing play to win the game. There was little risk with this play – they catch the ball and they win. If they don’t catch...